Airbnb Hosting: Transitioning from a Traditional Landlord

Does It Make Sense To Make The Switch From LandLord to Host?

0.0
(0 ratings)

Instead of using a simple lifetime average, Udemy calculates a
course's star rating by considering a number of different factors
such as the number of ratings, the age of ratings, and the
likelihood of fraudulent ratings.

How taking a course works

Discover

Learn

Take your courses with you and learn anywhere, anytime.

Master

Learn and practice real-world skills and achieve your goals.

About This Course

Published 4/2016
English

Course Description

Do you currently own rental property or have you wondered if running Airbnb or VRBO rentals are right for you? If so this course is for you. You will learn in detail the differences of being a traditional landlord and becoming a host of an Airbnb space. You will have a better understanding of the many decisions you need to make to see if this new rental model will work for you. You will get a spreadsheet to help you assess the financials – how much more money will you really make and is it worth your time and effort. The cheat sheets and videos will help you answer other burning questions like: What is involved in setup; How do I protect myself; What does it take to be successful in this new business; and much more. It might make sense to convert only 1 of your units and try it out first – take this video and make your own educated decision!

As a traditional landlord you might have a flexible schedule, freedom to travel and do what you want with your time. Many students ask me does this change – will my lifestyle change? It might but it doesn’t have to. Take the course and figure out how to create a semi-automated process so you can retain your flexibility. You can still travel the world, pay for school, or achieve your dreams with a short term rental – you just have to be smart about how you do it so you stay in control of your schedule.

What are the requirements?

nothing is needed, just a willingness to learn

What am I going to get from this course?

Make informed decisions on the transition from Traditional Landlord to Host

• List the pros and cons of converting your existing traditional rental (e.g. 1 year lease) to a nightly or short term rental

• Decide if a short term rental (like Airbnb, VRBO, FLIPKey etc) can help you achieve your life goals

• Recognize if you have the skills and temperament to be successful

• Increase your understanding of what is expected in a sharing economy

• Think through all the components of making the switch or possibly trying it out by converting just 1 unit

• Exposure to legal differences and similarities between long term and short term rentals

• Explore the financial differences and record keeping

• Increase revenue by transitioning from a long term rental property model to a short term property model

• Vette guests so you rent to the best

• Build a great guidebook and welcome package

• Price dynamically

• Learn how to differentiate your unit and yourself

• Make it fun and rewarding so you get repeat guests

• Save $ when setting up your unit

• Manage the day to day activities to reduce your time required

• Make informed decisions on setting up, listing and managing a short term property for long term success

Students Who Viewed This Course Also Viewed

SHARE

Instructor Biography

Sharon Cunnington is a Real Estate Investor and Private Lender who has been the buyer and seller in many real
estate transactions in the last 15 years. Sharon is also a licensed Real Estate
Broker specializing in helping fellow investors find positive cash flow
investment properties. Her portfolio consists of single and multifamily
properties located primarily in the Pacific NW and Midwest. Sharon is on the
Board of Washington's Rental Housing Authority. As a software industry veteran,
Sharon has over 23 years’ experience leading large scale international
technology businesses. Her expertise ranges from product development and
business strategy, to operations efficiency and project management. Sharon
lived in Europe for 3 years and has been active in the non-profit sector
volunteering and serving on a variety of Boards. Sharon holds 8 patents in the
intersection of technology communications and human emotions and has won
several presentation and research awards. She is a graduate of Washington State
University with graduate courses from Harvard and Kellogg School of Business.